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Fill in the Blank :When the Actual Loss in a Process is Less than the Anticipated Loss, the Difference Between the Two is Considered to Be ............... - Cost Accounting(Financial Accounting and Auditing 10)

Fill in the Blank :
When the actual loss in a process is less than the anticipated loss, the difference between the two is considered to be ...............

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Solution

When the actual loss in a process is less than the anticipated loss, the difference between the two is considered to be Abnormal gain

Concept: Process Costing
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